Sale
South Africa

3

Beds

1

Baths

69 m²

Floor area

Apartment 3 beds 1 bath 69 m²

About this property

This apartment was originally a two-bedroom apartment and has been partitioned to have three bedrooms. Potential rental income is R6,400 if all bedrooms are occupied. Perfect for an investment property!

The bedrooms have tiled floors and built-in cupboards. Kitchen, also with built-in cupboards, has a stove and tiled floors. Living area is also tiled.

Bathroom has a bath, basin and toilet.

Recently renovated and a prepaid meter is already installed. Wonderful investment!

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge

Features & amenities

investment propertyrecently renovatedbuilt-in cupboardsprepaid meterrental potential

Price & ownership

Asking price R 420 000
Price per m² R 6 087
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 420K
Taxes + legal + admin fees R 13,5K

Rough split: 96.9% purchase price, 3.1% buying costs.

  • Asking price R 420 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 027
  • Deeds lodgement R 52
  • Total indicative R 433 513

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 3 966 /month

Total paid over 20 years (deposit + repayments): R 993 885

Deposit 10% · R 42 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 378 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.